Bhageria Industries informs about company updates

Bhageria Industries has informed that the Company has competed the financial tie up of a loan of Rs 95 Crores from Export Import Bank of India (EXIM Bank) on the terms and conditions as per their sanction letter dated December 06, 2016 and approved by the Board of Directors at its meeting held at company’s Registered office on December 20, 2016, for company’s 30 MW Solar Power Project being setup at Ahmednagar in Maharashtra and the Loan/Facilities documentation are being executed with the lender for this purpose.

The above information is a part of company’s filings submitted to BSE.